Economists have said that Nigeria must begin to make deliberate efforts to address its challenge of over-dependence on oil revenue as a critical step to reducing its rising public debt profile.

The Development Bank of Nigeria (DBN) has granted N482 billion in facilities to micro, small-medium enterprises (MSMEs) since its inception in 2017.

The Development Bank of Nigeria (DBN) Plc, Financial Centre for Sustainability Lagos (FC4S Lagos) and the Nigeria Climate Innovation Center (NCIC) have signed a memorandum of understanding (MoU) to fund green projects in Nigeria.

Development Bank of Nigeria (DBN) has disclosed that it will join the world to amplify the voice of women, canvass gender equality and the rights of women in Nigeria

Entrepreneurs and innovators with creative ideas looking to redefine the business landscape in Nigeria are in luck as the world’s biggest business reality show, Lions’ Den is coming to Nigeria.

The Development Bank of Nigeria (DBN) Plc has empowered about 125 entrepreneurs on how to sustainably grow their businesses through skills development and training. This is in furtherance of its mandate of building the capacity of Micro, Small and Medium Scale Enterprises (MSMEs), and equipping them with the required skills needed to improve their competence…

The Development Bank of Nigeria (DBN) Plc has empowered about 125 entrepreneurs on how to sustainably grow their businesses through skills development and training.

EdFin Microfinance Bank, Nigeria’s first specialised bank focused solely on education financing has kicked off operations in the country. According to the bank, its operations are designed to improve learning outcomes by providing financial services to private schools, school contractors, and other stakeholders in the education sector. The bank said it would enable schools to…

At an interaction with select journalists in Lagos, the Managing Direcetor/Chief Executive, Development Bank of Nigeria (DBN), Tony Okpanachi, reiterated the need for the development finance institution in a scarce liquidity environment and the challenges of accessing funds at low interest rate amid other economic issues. Clara Nwachukwu was there. Excerpts: DBN interventions across sectors,…

Development Bank of Nigeria (DBN), has again said the inability to on-lend to Micro, Small and Medium Enterprises (MSMEs) at a single digit as being clamoured is not solely responsible for their lack of competitiveness in the market. DBN, the latest development finance institution (DFI) set up in 2017, as wholesale lender, insisted that pricing…

Development Bank of Nigeria (DBN) has joined the SME Finance Forum, which is a global membership network.The forum brings together financial institutions, technology companies, and development finance institutions to share knowledge...

The Development Bank of Nigeria (DBN), has partnered with Wema Bank, to fund small businesses in order to improve their access to cheaper funds.Wema through this partnership hopes to improve access of MSMEs and commercial businesses of all business segments to funds up to N153million and N610million respectively.